A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp over the payment of bonuses to Merrill Lynch & Co employees, saying he was unable to determine if it was fair to the public.
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy vehicles online, the companies said on Monday.
Pequot Capital Management Inc, once a prominent hedge fund firm, has been named dozens of times in private reports that alerted U.S. financial regulators to possible insider trading or other misconduct, according to Bloomberg News.
Goldman Sachs Group Inc will have to give up its personnel information on a former employee accused of stealing trade secrets, after a U.S. judge on Monday denied the firm's motion to quash a request by the computer programmer's lawyer.
Facebook Inc. said it has acquired FriendFeed, a start-up that allow users to share links and status updates online, folding in a potential rival that struggled to take off.
After relying on a pacemaker for 20 years, Carol Kasyjanski has become the first American recipient of a wireless pacemaker that allows her doctor to monitor her health from afar -- over the Internet.
The United States, Canada and Mexico said Monday they would put in place infrastructure to cooperate on greenhouse gas emissions trading as part of efforts to fight climate change.
Barnes & Noble Inc plans to buy Barnes & Noble College Booksellers Inc for $596 million, in a deal that will expand the retailer's store base while providing entry into the burgeoning digital textbook book arena.
State Street Corp , one of the world's biggest institutional investors, said on Monday it may not have set aside enough money to cover fees and penalties linked to lawsuits and investigations by regulators into risky investments.